£186,147
This estimated value is based upon the latest sale price for the house of £107,500 on 26 Jan 2012. This value is then adjusted by the current Official House Price Index for LEICESTER 1
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| Price Paid | Date |
|---|---|
| £107,500 | 26 Jan 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 883 sq feet |
This model uses changes in the Official Land Registry House Price Index for LEICESTER to estimate the market value.
When this house was purchased in January 2012 the House Price Index for LEICESTER was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £107,500 results in an estimated price of approximately £186,147.
| 26 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £107,500 | £78,647 | £186,147 |
The Postcode Pricing Model uses changes in average sales price within the LE4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 103.492 % | £111,253 | £218,753 |
| 3 Month Average | 88.370 % | £94,997 | £202,497 |
| 6 Month Average | 97.664 % | £104,989 | £212,489 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £205,309 | £199,000 | 26 DOWNHAM AVENUE |
| 11 Aug 2023 | £259,684 | £255,000 | 33 TOLLEMACHE AVENUE |
| 26 Apr 2023 | £310,813 | £305,000 | 19 WELBECK AVENUE |
| 8 Jul 2022 | £262,632 | £260,000 | 22 BELLE VUE AVENUE |
| 13 May 2022 | £263,874 | £257,000 | 21 WELBECK AVENUE |
This house has a floor area of 82 sq meters or 883 sq feet when measured on 14 Nov 2011. Using an estimated price of £186,147 means this house is valued at £2,268 per sq meter (£210 per sq foot).
The average size of a house on WELBECK AVENUE is 87 sq meters (942 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Welbeck Avenue |
| Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Welbeck Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Egerton Avenue |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Egerton Avenue |
| May 2024 | Burglary | Awaiting court outcome | On or near Egerton Avenue |